The current PE ratio for Community Healthcare Trust stock as of May 3, 2024 is 39.95. This is calculated based on the TTM EPS of $0.61 and the stock price of $24.37 per share. The PE ratio marks a decrease of 61% from its last 4 quarters average of 103.7.
The average historical PE ratio of Community Healthcare Trust for the last eight years is 104.87. The current P/E ratio of 39.95 is 62% lower than the historical average. Looking back at the last eight years, CHCT's PE ratio peaked in the Jun 2019 quarter at 303.15, when the price was $39.41 and the EPS was $0.13. The lowest point was in the Sep 2022 quarter, when it reached 37.64 with a price of $32.75 and an EPS of $0.87.
Maximum annual increase: 201.36% in 2023
Maximum annual decrease: -49.16% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 133.2 | 201.36% |
| 2022 | 44.2 | -18.65% |
| 2021 | 54.33 | -7.74% |
| 2020 | 58.89 | -49.16% |
| 2019 | 115.84 | -23.66% |
| 2018 | 151.74 | 2.6% |
| 2017 | 147.89 | 54.12% |
| 2016 | 95.96 | N/A |
| 2015 | N/A | N/A |
Currently, CHCT's PE ratio is lower than its 3 and 5-year averages.
In comparison to its peer AMT, CHCT's PE ratio is lower, but it is higher than RYN's and ALEX's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RYN Rayonier Inc | 25.09 | $4.36B |
| ALEX Alexander & Baldwin Inc | 26.97 | $1.19B |
| CHCT Community Healthcare Trust Inc | 39.95 | $675.08M |
| AMT American Tower Corp | 41.02 | $84.87B |
| ONVO Organovo Holdings Inc | N/A | $10.34M |
As of May 3, 2024, CHCT stock has a price to earnings ratio of 39.95.
The 3-year average price to earnings ratio for CHCT stock is 73.08.
The 5-year average price to earnings ratio for CHCT stock is 96.32.
Over the last eight years, the quarterly PE ratio reached its highest level at 303.15 in the Jun 2019 quarter.
The current PE ratio of CHCT is 62% lower than the 8-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Community Healthcare Trust's share price is $24.37. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.61. Therefore, Community Healthcare Trust's PE ratio for today is 39.95. PE RATIO(39.95) = STOCK PRICE($24.37) / TTM EPS($0.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.